Category Archives: BUSINESS

[ad_1] Below is a recap of the main news related to the cannabis industry and markets for the week of January 24, 2022. Amazon Supports GOP’s Legalization Bill The big news item this week related to Amazon.com, Inc. (NASDAQ: AMZN), which announced its support for a Republican-backed congressional bill that would legalize cannabis at the federal level and […]

[ad_1] Navigate the fast-moving cannabis sector with 420 Investor, a premium service that sends real-time alerts and explanations of the news below and much more. Summary  Data from Ohio indicated expanding sales 420 Investor model portfolios have returned -20.3% to -19.3% year-to-date, while the Global Cannabis Stock Index has lost 18.4% Review Ohio data suggests sales are […]

[ad_1] Ryland Zweifel/iStock via Getty Images GrowGeneration Corp (GRWG) is the largest retail chain of hydroponic gardening products in North America with 62 locations and a leading distributor for commercial customers. Without beating around the bush, the target market here is cannabis cultivation with the company benefiting from the wave of regulation and legalization for […]

[ad_1] Midas Letter Will Stocks Rebound After Fed Decision? | Midas Letter RAW ft $TRYP biopub.co Play Episode Pause Episode Mute/Unmute Episode Rewind 10 Seconds 1x Fast Forward 30 seconds 00:00/ Subscribe Share Investors and traders are still digesting Jerome Powell’s remarks regarding the latest Federal Reserve FOMC news conference making. However, thanks to Microsoft […]

[ad_1] In the most recent Marijuana Market Update, I: Discuss a recent study involving cannabis and COVID-19. Answer an email from a viewer on Bioharvest Sciences stock (OTC: CNVCF). First, COVID… Some Cannabis Compounds Prevent COVID Cannabis investors might have gotten a bit too excited earlier this month when major media outlets flashed this headline: […]

[ad_1] BC Craft Supply Co CRFTF, a British Columbia-based wellness company advancing cannabinoid and psychedelic innovation, filed for temporary protection from creditors under Canada’s Bankruptcy and Insolvency Act while the cannabis company restructures.  BC Craft’s stock, traded on the OTC markets, traded down Wednesday more than 35% on the news. The company warned investors back in […]

[ad_1] Jefferies upgraded two Canadian cannabis stocks on Thursday and reduced his price target on a third, while remaining most bullish on buy-rated OrganiGram Holdings Inc., which it said is “really starting to hit its stride.” Analyst Owen Bennett upgraded Cronos Group Inc. CRON, -3.23% CRON, -3.24% and Hexo Corp. HEXO, -2.43% HEXO, -3.23% to […]

[ad_1] What happened Shares of Aurora Cannabis (NASDAQ:ACB) fell 14.6% this week as of Thursday, according to data from S&P Global Market Intelligence. The Canadian marijuana company closed at $4.46 a share on Friday of last week, opened at $4.37 on Monday, and dropped to as low as $3.79, its 52-week low, by Thursday afternoon. […]

[ad_1] Olga Tsareva/iStock via Getty Images Background and Information Jushi Holdings (OTCQX:JUSHF) is a cannabis company well-positioned to dominate from multiple trends within the cannabis industry. I interviewed Michael Perlman, EVP of Investor Relation and Treasury for Jushi. Michael and I covered various micro and macro topics affecting the company’s product portfolio, top and bottom […]

[ad_1] On Wednesday, Mississippi’s Republican-led legislature finally agreed on a medical cannabis bill to be sent to Gov. Tate Reeves’ desk. After months of negotiations, the Mississippi Medical Cannabis Act will establish a system of licensed dispensaries to provide medical cannabis to qualified patients. The Senate and House passed slightly different versions of a bill last week,  with wide […]